J. McLaughlin, the classic, preppy brand with quaint shops popping up on America’s Main Streets, has been sold to a private equity group, WWD has learned.
The group, led by JH Partners and the Highland Consumer Fund, acquired a majority stake in the business. Jay and Kevin McLaughlin, the brothers who founded J. McLaughlin 34 years ago, as well as the chief executive officer Steven Siegler, retained a minority interest and will continue in their same roles at the company.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"